pension

Matt Markgraf, WKMS

A new bill proposing to reform the state's pension systems was unveiled last month in the Kentucky Senate. The bill differs from the one Governor Matt Bevin proposed last year. On Sounds Good, Matt Markgraf speaks with representatives of the Calloway County Retired Teachers Association to understand some of the differences, how they affect current and retired teachers, why pension liabilities keep increasing in higher education and how the new bill could affect local economies.

Ryland Barton, WFPL

Hundreds of teachers and other state employees packed the Kentucky Capitol on Wednesday as Republican lawmakers presented their new plan to overhaul the state’s ailing pension systems.

Jenni Todd, WKMS

Kentucky Lieutenant Governor Jenean Hampton was recently in Murray, visiting businesses including Iwis and Pella as well as touring the engineering programs at Murray State University. She also stopped by WKMS.

On Sounds Good, Matt Markgraf speaks with Hampton about healing in the Marshall County community after a school shooting there last month, the Bevin administration's response to gun violence, the pension overhaul, STEM education, business growth and infrastructure demands.

Sergey Kuzmin 123rf stock photo

Republican lawmakers in Kentucky say proposed changes to one of the country's worst-funded public pension systems will save taxpayers $4.8 billion over the next 30 years while completely eliminating a crushing $42 billion debt.

Alexey Stiop, 123rf Stock Photo

A new proposal to overhaul Kentucky’s public pension systems has been filed in the state Senate. Senate Republican leaders say it differs greatly from a version pushed by Gov. Matt Bevin last fall.

Anne Kitzman, 123rf Stock Photo

After weeks of behind-the-scenes work, Republican leaders in Kentucky sounded upbeat Friday about the prospects of overhauling one of the country's worst-funded state pension systems.

Stu Johnson, WEKU News

With just under three weeks of Kentucky legislative activity on the books, leaders of the General Assembly remain unsure when action on pension reforms will occur. No pension bill has been filed thus far in the House or Senate.

Alexey Stiop/123rf Stock Photo

Lawmakers return to Frankfort this week for the 2018 General Assembly and are slated to make changes to the state’s pension systems, craft a new two-year budget and consider a variety of other legislation. 

SERGEY KUZMIN, 123RF STOCK PHOTO

A group of former and current public workers is suing three hedge funds for selling risky investments and overstating returns to the agency that manages Kentucky's struggling pension fund. 

J. TYLER FRANKLIN

A leader of Kentucky’s state senate says a “watered down” version of Gov. Matt Bevin’s pension proposal is being drafted but it would still shift future workers onto 401(k)-type retirement plans.

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